ODDITY Tech Ltd. (NASDAQ:ODD) Receives Average Recommendation of “Moderate Buy” from Brokerages

ODDITY Tech Ltd. (NASDAQ:ODD) has been given an average recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $73.90.

Several research firms have recently weighed in on ODD. KeyCorp dropped their target price on shares of ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 8th. Morgan Stanley lifted their target price on shares of ODDITY Tech from $56.00 to $61.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Needham & Company LLC initiated coverage on shares of ODDITY Tech in a research note on Thursday, August 28th. They issued a “buy” rating and a $72.00 target price for the company. JMP Securities restated a “market outperform” rating and issued a $80.00 price objective on shares of ODDITY Tech in a research note on Tuesday, September 23rd. Finally, Zacks Research cut shares of ODDITY Tech from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th.

Hedge Funds Weigh In On ODDITY Tech

Large investors have recently bought and sold shares of the stock. Federated Hermes Inc. acquired a new position in shares of ODDITY Tech in the 1st quarter valued at $190,000. Janney Montgomery Scott LLC acquired a new position in shares of ODDITY Tech in the 1st quarter valued at $400,000. Amundi acquired a new position in shares of ODDITY Tech in the 1st quarter valued at $4,926,000. Harbour Capital Advisors LLC acquired a new position in shares of ODDITY Tech in the 2nd quarter valued at $333,000. Finally, Nordea Investment Management AB raised its stake in shares of ODDITY Tech by 2.0% in the 2nd quarter. Nordea Investment Management AB now owns 81,500 shares of the company’s stock valued at $6,087,000 after buying an additional 1,600 shares in the last quarter. 35.88% of the stock is currently owned by institutional investors and hedge funds.

ODDITY Tech Stock Up 0.6%

ODD stock opened at $46.68 on Thursday. ODDITY Tech has a 12 month low of $35.30 and a 12 month high of $79.18. The firm has a market cap of $2.61 billion, a PE ratio of 25.93, a P/E/G ratio of 2.21 and a beta of 3.21. The firm has a 50 day simple moving average of $57.58 and a 200 day simple moving average of $62.76. The company has a debt-to-equity ratio of 1.66, a current ratio of 6.32 and a quick ratio of 5.57.

ODDITY Tech (NASDAQ:ODD) last released its earnings results on Monday, August 4th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.88 by $0.04. The business had revenue of $241.14 million during the quarter, compared to analyst estimates of $237.44 million. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. The business’s quarterly revenue was up 25.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.82 earnings per share. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. Equities research analysts forecast that ODDITY Tech will post 1.62 earnings per share for the current fiscal year.

ODDITY Tech Company Profile

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.